Showing 1 - 10 of 48
This paper examines how military spending has been affected by Fund-supported programs. It looks at the changes in military expenditure as a share of gross domestic product (MIL/GDP) and of total expenditure (MIL/EX) for two subsamples of Fund-supported programs, broadly divided into fiscal...
Persistent link: https://www.econbiz.de/10014396082
Anecdotal evidence relates corruption with high levels of military spending. This paper tests empirically whether such a relationship exists. The empirical analysis is based on data from four different sources for up to 120 countries in the period 1985–98. The association between military...
Persistent link: https://www.econbiz.de/10014399916
Persistent link: https://www.econbiz.de/10004249921
This paper highlights that central banks from Brazil, Chile, Colombia, Mexico, and Peru (the LA5 countries) reaped the …
Persistent link: https://www.econbiz.de/10014402930
This paper discusses an arrangement under the Flexible Credit Line (FCL) for Colombia. Colombia is well placed to … authorities intend to treat as precautionary, would support Colombia’s policy framework and strategy, while reducing the … likelihood of balance of payments pressures stemming from a change in investor sentiment. IMF staff believes that Colombia fully …
Persistent link: https://www.econbiz.de/10014403585
This report focuses on Colombia’s economic policy framework and the policy response to the global crisis. In recent … years, Colombia’s policies strengthened a strong macroeconomic performance, which helped in achieving higher tax revenues … and restraint on current spending. Colombia was not affected too severely by the global crisis. The impact of the crisis …
Persistent link: https://www.econbiz.de/10014403922
The key findings of Colombia’s 2010 Article IV Consultation on economic developments and policies are presented. The …
Persistent link: https://www.econbiz.de/10014404386
This Selected Issues paper on Colombia shows that achieving investment grade status would help lower financing costs … for the sovereign, and expand the pool of potential buyers of the Colombian economy. Colombia’s debt levels as of end-2008 …
Persistent link: https://www.econbiz.de/10014404446
Since 1999, economic policies have sought to place the country on a path of sustainable growth, which would help reduce unemployment and poverty. The authorities have begun to address the risk of overheating, although demand policies may need to be tightened further. Monetary policy will be...
Persistent link: https://www.econbiz.de/10014404704
In recent years, Colombia has found several innovative ways to improve the efficiency of its public enterprise sector …. One option used by Colombia to reform public enterprises has been to enhance their commercial orientation and limit the …
Persistent link: https://www.econbiz.de/10014404759